Laura Jewett

Laura Jewett

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Closed

$520,000

($347,296 down)
FHA

37 Warm Springs Road, Fairplay, CO 80440

3
2
1,928 sqft
PITI Monthly
$1,492.93 /mo

Listing courtesy of: Anne Skinner, KELLER WILLIAMS TOP OF THE ROCKIES

Assumed Rate

3.71%
7.15%

Principal & Interest

$996 /mo
$1,459 /mo

What's Special

LOCATION
GATED COMMUNITY
SERENE
CHARMING
COZY

Nestled in Fairplay’s serene, gated community, this charming 3-bedroom, 2-bathroom home offers breathtaking views of Pikes Peak and Warm Springs Pond. The location is unbeatable, surrounded by abundant wildlife, with daily sightings of deer and elk. A standout feature is the impressive 40’x30’ pull-through garage/shop, perfect for hobbyists, car enthusiasts, or storing mountain toys and gear. Inside, the cozy living area and well-appointed kitchen are ideal for relaxation and culinary adventures. This home perfectly blends nature and convenience in one of Colorado’s most picturesque locations.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.71
Remaining Loan Term
20 years, 1 months
Monthly PITI
$1,492.93/mo
Estimated Loan Balance
$174,991
Cash to close
$347,296
Interest Paid
$71,421

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Baseboard, Electric
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Wood Burning
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Metal
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Community Sewer, Septic Tank
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Wood Siding
  • Roof: Metal
Condition
  • Year Built: 1983
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Warm Springs
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Warm Springs
  • HOA Amenities: Unknown
  • HOA Fee: $1680
  • HOA Frequency: $Annually
Location
  • Region: Fairplay

Financial Details

  • Price per Sqft: $269.71
  • Tax Annual Amount: $2133
  • On Market Date: 2024-07-31T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $347,296 (67%)
You can enter any amount below - secondary financing will cover the difference if needed.
67%
$

You cover the entire equity of $347,296!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.71% Sellers Rate
$172,704
Your Cash:$347,296
Total Purchase Price:$520,000

Assumed vs Traditional Mortgage

Assumed @ 3.71%
$996/mo
Traditional @ 7.5%
$1,513/mo
You save $518/month ($6,214/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7596754

Listing From: recolorado

Last updated: 2025-01-03T23:56:16.000Z

© , recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.71%
7.15%

Principal & Interest

$996 /mo
$1,459 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $347,296 (67%)
You can enter any amount below - secondary financing will cover the difference if needed.
67%
$

You cover the entire equity of $347,296!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.71% Sellers Rate
$172,704
Your Cash:$347,296
Total Purchase Price:$520,000

Assumed vs Traditional Mortgage

Assumed @ 3.71%
$996/mo
Traditional @ 7.5%
$1,513/mo
You save $518/month ($6,214/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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